Total US Debt grew from 11,374,265,930,605.76 on 6/03/2009 to 13,056,249,966,400.12 on 6/09/2010. These figures are from a US Treasury website. You can enter any two dates and see how the US debt is growing. It has only grown a little over 118 billion dollars in the last month.
That half a trillion dollar currency swap Bernanke did a couple of weeks ago wull fund the US debt for a few months. But the census workers will lose their jobs, 9 classes of equitites and commodities have negative 200 day moving averages and that oil spill will hit Florida's Atlantic coast. .
Rasmussen has Obama's strong approve number down to 25% from 31% just after the passage of Obamacare. 46% of all Democrats actually believe the economy is getting better. Must be bankers with big bonuses and die hard minorities who have no clue as to what is happening. The Good News for Obama is that he is a national hero back in his home country of Kenya
Geithner had no sale on his attempt to get the Germans to reverse their ban of naked short selling which is counterfeiting and on naked CDS which is an attempt to stop bankster piracy.
I just saw that video Christine posted on the FEDs shorting gold and silver. Pleae pay attention to the fact that the FEDs have shorted the price of silver below the cost of production for all but two mining companies. This will not last long.
Geithner should next be at the Bilderberg meeting so we might see what emerges next week.
I expect the whole thing to unravel by the end of the summer.
Poster Comment:
Le Chevaux is French for Horse. C'est moi.